<h1>16 FDI Proposals Approved Worth Rs. 4,722 Crore in Pharma, Insurance, and Media; 6 Deferred, 8 Rejected.</h1> The government has approved 16 foreign direct investment (FDI) proposals totaling approximately Rs. 4,722 crore, based on recommendations from the Foreign Investment Promotion Board. These approvals span various sectors, including pharmaceuticals, insurance, venture capital, and print media. Notable approvals include investments in a health insurance company, venture capital funds, and pharmaceutical firms. Six proposals were deferred, involving sectors such as defense, manufacturing, and telecom. Additionally, eight proposals were rejected, including those related to pharma, defense, and telecom. One proposal was deemed outside the board's purview.